Self Assessment taxpayers required to make a payment on account (POA) HMRC by Saturday 31 July may not need to do so, a tax and advisory firm has suggested.
Those affected by Covid-19 should consider if it is necessary to make this POA now, as it will be based on the tax liabilities which arose for the year ended 5 April 2020, Blick Rothenberg explained.
As 2019/20 UK tax returns were largely not impacted by the pandemic, many self-assessment taxpayers may find that their 2020...
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